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Penalty levied on ‘Muthoot bankers’ as it failed to establish reasonable cause for not complying with TDS provisions
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Corporate Tax
Penalty levied on ‘Muthoot bankers’ as it failed to establish reasonable cause for not complying with TDS provisions
Posted on
on
August 6, 2016
Tenet Tax Daily July 27 2016
By
tenettax-team
Corporate Tax
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AO couldn’t make reassessment on mere suspicion due to huge cash withdrawal by assessee from bank
Mere use of technology won’t make any service as ‘FTS’ u/s 194J